Joint venture: Turkish companies considering investment

Punjab attracts foreign investors: Turkish official.

LAHORE:


Turkey-Pakistan Business Council (TPBC) Chairman Huseyin Akin has said that foreign direct investment will get a considerable boost as a number of Turkish companies are considering sector-specific investments through joint ventures with their Pakistani counterparts.



He was speaking at a business forum jointly organised by the Lahore Chamber of Commerce and Industry (LCCI) and Punjab Board of Investment and Trade (PBIT).

Akin, who was heading a 13-member business delegation, said that Punjab’s growing gross domestic product and attractive business atmosphere presented a great case for Turkish corporations to make investment in this country.

Trade volume has been averaging around $600 million for the last four years.

Published in The Express Tribune, May 7th, 2011.
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